In case of a product innovation firms start producing a new product. While doing so, such a firm should decide what to do with its existing product after the fi

The work presented here is generally intended for engineers, educators at all levels, industrialists, managers, researchers and political representatives. Offer

This volume collects research papers addressing topical issues in economics and management with a particular focus on dynamic models which allow to analyze and

This book presents the state of the art in the relatively new field of dynamic economic modelling with regime switches. The contributions, written by prominent